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DMR Engineering secures 8-year, Rs 1.66 crore contract from Power Finance Corporation for Maharashtra project
15-Aug-2026, 06:13
DMR Engineering Limited has been awarded a letter of award as the technical and lead member of a consortium, alongside SNRS & Associates and Salasar Services, to serve as the Project Management Agency (PMA) for the 1500MW Tarali Pumped Storage Project in Maharashtra. The contract, awarded by Power Finance Corporation Limited, spans 8 years and carries an aggregate value of Rs 1,66,00,000 inclusive of GST, for engineering consultancy services. The company clarified that the award follows a previous communication dated August 14, 2026, and fulfills the disclosure requirements outlined in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.